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Shipbuilding Contracts – Guarantors beware!
April 4, 2022

Shipbuilding Contracts – Guarantors beware!

Guarantees go hand in hand with shipbuilding contracts. In most cases, the yard agrees to build the ship in exchange for regular payments handed over by the buyers/ their financiers. Those payments are secured by way of refund guarantees which give the buyers/their... Read more >
Early Neutral Evaluation
March 15, 2022

Early Neutral Evaluation

We were recently involved in our first early neutral evaluation as evaluator for two Japanese interests involved in a charter dispute. Ironically, the dispute involved Japanese law but we were asked to proceed on the basis that English law would apply. Nick Burgess... Read more >
Expecting the unexpected: the BIMCO Force Majeure Clause

Expecting the unexpected: the BIMCO Force Majeure Clause

Recent world events have underlined the unpredictability of the modern world and the need to provide contractually for the unexpected. This is particularly true as the term “force majeure” is not a recognised legal concept under English law. The release of the new... Read more >
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